Global LTE Advanced Test Equipment Market by Product Types, Applications, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026.
The Global LTE Advanced Test Equipment market is expected to grow with a substantial CAGR, during the forecast period, 2020–2026. The surging transfer of data rates is the major factor fuelling the growth of LTE-advanced test equipment market.
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LTE (Long-Term Evolution) advanced is a wireless communication standard and a major leap in the existing LTE standards. The advantage of LTE advanced standard over LTE standard is its ability to optimize and utilize advanced topology networks, thereby developing communications and making sure proper utilization of network resources. Another advantage is the ability to introduce multicarrier to support high data rates of up to 100 MHz LTE-advanced test equipment are the monitoring and test tools that makes sure mobility, interoperability and high quality services of LTE advanced standards in wireless communications.
Market Trends, Drivers, Restraints, and Opportunities:
- Now-a-days consumers are searching for ways to perform various tasks such as bill payment and other work related tasks while on the move. This results in increased mobile data traffic and puts pressure on service providers of wireless networks for improved efficiencies. This in turn leads to the requirement for the deployment of effective LTE-advanced test equipment to test performance and conformity with the standards. This is the key factor expected to drive the market, during the forecast period.
- Another factor driving the growth of LTE-advanced test equipment market is the proliferation of Internet of Things (IoT).
- However, the compatibility issue of LTE-advanced terminal with LTE is expected to restrain the growth of the market, in the coming years.
- Another restraining factor for the growth of the LTE advanced test equipment market is the high investment needed for Research and Development (R&D) so as to keep them in sync with changes in the technology.
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Competitive Landscape:
Key players include Azimuth Systems, AT&T Inc, Alcatel-Lucent, LM Ericsson, and Huawei Technologies.
To overcome the limitations in current services, the major players in the market are introducing latest solutions to meet the advanced testing configurations. For example, Azimuth Systems, Inc., one of the key players in the market recently rolled out ACE RNX testing platform. This platform allows customers to implement and execute complex multi-link test cases during the development and deployment of next generation wireless technologies such as LTE-advanced. Some of the other players in the market are AT&T Inc., Alcatel-Lucent, LM Ericsson and Huawei Technologies Co. Ltd.
The global LTE Advanced Test Equipment market has been segmented on the basis of:
Product Types
- Network Tester
- Drive Test Tool
- Sweep Generator
- Protocol Conformance Test Instrument
- Terminal Radio Communication Tester
- Other
Applications
- Network Diagnosis
- Network Repair
Regions
- Asia-Pacific
- North America
- Europe
- Latin America
- Middle East & Africa
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Table of Contents
- Executive Summary
- Assumptions and Acronyms Used
- Research Methodology
- LTE Advanced Test Equipment Market Overview
- Global LTE Advanced Test Equipment Market Analysis and Forecast by Type
- Global LTE Advanced Test Equipment Market Analysis and Forecast by Application
- Global LTE Advanced Test Equipment Market Analysis and Forecast by Sales Channel
- Global LTE Advanced Test Equipment Market Analysis and Forecast by Region
- North LTE Advanced Test Equipment Market Analysis and Forecast
- Latin LTE Advanced Test Equipment Market Analysis and Forecast
- Europe LTE Advanced Test Equipment Market Analysis and Forecast
- Asia Pacific LTE Advanced Test Equipment Market Analysis and Forecast
- Middle East & Africa LTE Advanced Test Equipment Market Analysis and Forecast
- Competition Landscape
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